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China's Chery to produce 5 millionth car

Xinhua, December 13, 2015 Adjust font size:

China's Chery Automobile is expected to produce its 5 millionth car next Friday, making it the country's first indigenous automaker to reach the milestone, according to a company source.

Chery sold 50,540 vehicles in November, up 22.9 percent year on year.

Chery's strong sales stood out in the sluggish Chinese auto market. Its sales in the first half of 2015 surged 17 percent from the same period last year, with 252,439 vehicles sold in the first six months.

China's total car sales rose only 1.4 percent in the first half this year, according to China Association of Automobile Manufacturers.

Chery was founded in Wuhu City of east China's Anhui Province in 1997. I produced its 1 millionth car in August 22, 2007.

A joint venture between Chery and U.K.-based Jaguar Land Rover commenced production in October last year. Endi